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£119,950 Guide Price
Bedrooms
DELIGHTFUL THREE BEDROOM STONE END COTTAGE located in the HEART OF THE POPULAR VILLAGE OF IDLE close to all amenities. WELL PRESENTED SPACIOUS THREE BEDROOM COTTAGE which must be viewed to appreciate all it has to offer. The accommodation is spread over three floors and briefly comprises modern fully fitted dining kitchen, spacious and light first floor lounge, THREE DOUBLE bedrooms, house bathroom, pretty rear courtyard. EPC RATING: D
Dining Kitchen 3.63m (1111) x 3.51m (116)
Located on the ground floor this good size dining kitchen opens to the rear courtyard. Double glazed window to the rear elevation, central heating radiator, a good range of matching 'beech effect' wall and base units, four ring gas hob with matching stainless steel extractor over, built-in electric oven, plumbing for automatic washing machine and tumble dryer, space for fridge and freezer, ample additional storage/larder space.
Lounge 5m (165) x 4.55m (1411)
A generously proportioned light and airy first floor lounge with double glazed windows to front elevation, central heating radiator, wall lights, walk-in storage unit, laminate flooring.
Bedroom 1 3.28m (109) x 4.29m (141)
Double bedroom with Velux window, central heating radiator, exposed beam, light decor.
Bedroom 2 3.71m (122) x 3.38m (111)
Double bedroom with Velux window, central heating radiator, exposed beam, light decor.
Bedroom 3 3.56m (118) x 2.31m (77)
Double bedroom with double glazed window, central heating radiator, walk-in storage unit. Currently used as a study.
Bathroom
Three piece white suite comprising panelled bath with electric shower over, wash hand basin, low level WC, central heating radiator, extractor fan, double glazed window. Part tiled.
Courtyard Garden
To the rear of the property there is a small courtyard garden area with stone boundary wall and flagged seating area. There is a shared access with the adjacent property and flat below.
Leasehold Details
The property is Leasehold with a 999 year lease which commenced 2013.Clarification regarding lease terms, length and any charges should be sought via the vendors solicitors.
Please Note:
Unless stated, any equipment, appliance, or services mentioned have not been tested by us, nor are they subject to any guarantee. We have not checked rights of way, easements, existing or proposed planning permissions concerning this property or the surrounding area.
Plans herein may not be to scale. These particulars are intended to be a general outline for guidance and do not constitute part of a contract. Items included in the written text are included in the sale. All others are excluded even if shown in any photographs. All descriptions, dimensions and references to condition are given in good faith and are believed correct and have been approved by the Vendor. Any statement, including a qualification, (e.g. The Vendor advises...) is an indication that DawsonWake is unable to guarantee the accuracy of the subject matter of that statement.
If any point (included or not in these particulars) is of major importance to your interest in purchasing this property, then please ask us for further information or assurance. We will do our utmost to assist. You should place no reliance on anything stated verbally by any of the staff unless we confirm the matter in writing. Please ask if you require written confirmation.
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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